The Australia Institute apologises for the delay in publishing the October National Energy Emissions Audit, which was due to internal considerations. The November National Energy Emissions Audit is currently being prepared and will be released on time.
The Audit shows that Australia’s emissions continue to increase, being driven by growing LNG exports, greater diesel use in transport and increases in agriculture and waste emissions.
- LNG exports have become one of the largest drivers of Australia’s emissions. The biggest single source of emissions from LNG is at the Gorgon project in Western Australia, equivalent to half of Australia’s national increase in emissions last year.
- The next two years will see continuing rapid growth in both wind and solar equal to more than double the current output from Liddell power station.
- Wholesale electricity prices appear to have peaked in most states as a surge of new renewables come on-line.